CMP: 23


Chartered Logistics Ltd. provides truck transportation and logistics services.

Chartered Logistics is a 227 Crore penny cap stock. Its currently trading at a P/E of little over 18 with decent dividend yields of half a percent in the last 12 months. Liabilities are high, but is compensated by the high growth. Revenues have grown steadily from 75 Crores to 184 Crores in the last 5 years. Profits have rocketed from little over a crore to almost 10 Crores in the last 5 years. NPM has risen smartly from well below 2% to over 5% in the last 5 years. FY12 is one its way in the growth curve and should clock over 15 Crores in profits. Buy and hold for long term gains.